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Dip Purchasing in Downstream Sectors Boosted Copper Cathode Consumption
Aug 24,2021 09:53CST
Data Analysis
Source:SMM
Lower copper prices have improved copper cathode consumption. Copper prices fell from a high of around 70,000 yuan/mt to 66,000 yuan/mt last week. The price spread between copper cathode and copper scrap shrank with copper scrap prices 105 yuan/mt higher than copper cathode prices in the middle of the week.
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copper cathode
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